Mr Cooper Group Inc (COOP)

[Split T]

tanjazielman, A new Corp., WMB INC has been set up in Honolulu, HI and has the same CPA as Nationstar Mortgage Co. It appears to be a Reinsurance Business.

https://hbe.ehawaii.gov/documents/business.html?fileNumber=296457D1


"What I see on your link is the registered agent: A company named "Corporation Service Company".

A quick look shows me they offer solutions for "bankruptcy remote entities" "or bankruptcy remote vehicle and set-up LLC's for this purpose.

See: https://www.cscglobal.com/global/web/csc/bankruptcy-remote-entities.html

Remember WMIH filed for being a cell captive structure? With the goal of becoming a Special Purpose Vehicle? Isn't that exactly the same as a Bankruptcy Remote Entity?

---->http://en.wikipedia.org/wiki/Bankruptcy_remote

"A bankruptcy remote company is a company within a corporate group whose bankruptcy has as little economic impact as possible on other entities within the group. A bankruptcy remote company is often a single-purpose entity."

----> http://en.wikipedia.org/wiki/Special_purpose_entity

A special purpose entity (SPE; or, in Europe and India, special purpose vehicle/SPV, or, in some cases in each EU jurisdiction – FVC financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. They are also commonly used to hide debt (inflating profits), hide ownership, and obscure relationships between different entities which are in fact related to each other (see Enron)...

See the connection yet?